6066 E Roosevelt Blvd, Philadelphia, PA 19149

$4,500,000
1,552
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$4,500,000
Days on Market
303
Status
ACTIVE
MLS#
PAPH2559042
Living Area
1,552
Lot Size (Acres)
0.6900000000000001
Style
Straight Thru
Year Built
1940
County
Philadelphia
School District
Philadelphia City

Property Description

Exceptional opportunity to acquire a 24-unit residential portfolio throughout the Northeast Philadelphia corridor, with the flexibility to purchase the entire package, buy in neighborhood blocks, or purchase individual properties. One unit may be sold separately depending on offer strength. Northeast Philly Portfolio (2) The portfolio spans several of the city’s strongest rental submarkets, including Mayfair, Oxford Circle, Frankford, Tacony, Lawncrest, and West Philadelphia. These areas are known for long-term tenant stability, consistent rent demand, strong appreciation trends, and low vacancy rates. The mix includes performing rentals, month-to-month tenants, and select vacant or value-add units, giving investors immediate income along with clear upside through turnover, rent increases, and light repositioning. Current rents across many properties remain below market due to long-term tenancy. This creates significant room for rent growth once units are brought to market levels or re-leased. The stabilized portfolio projects an estimated 8–10% cap rate, with additional built-in equity available at acquisition. Management can remain in place for a seamless transition if desired. This offering is suitable for cash buyers, conventional investors, DSCR financing, private lending, and potential seller financing. Exterior drive-by showings are allowed; interior access will be coordinated after an accepted offer to respect tenant privacy. A rare chance to secure substantial cash flow, appreciation, and scalable management efficiency across one of Philadelphia’s most resilient and high-demand rental markets. See Documents For Proforma. Full rent rolls, ledgers, photos, and the offering memorandum are available upon request.

Additional Information

Area
19149 (19149)
Taxes
$60712
School District
Philadelphia City
Garage
Yes
Garage Spaces
30
Heating
Hot Water
Heating Fuel
Natural Gas, Natural Gas Available, Electric, Central
Cooling
Central A/C, Ceiling Fan(s), Multi Units, Window Unit(s)
Utilities
Natural Gas Available, Electric Available
Water
Public
Sewer
Public Septic

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of EXP Realty, LLC. Contact: 8883977352